FanDuel was first out the gate in New Jersey, setting up a physical sportsbook at Meadowlands Racetrack. The operation opened on July 14 and took in just over $1 million in bets in the first weekend. (That’s “handle,” not revenue.) That number may look small, but Meadowlands chairman Jeff Gural told the website Legal Sports Report, “Our goal was to do over $1 million for the weekend.” It was a decent haul considering it opened during the slow days of summer for sports: apart from World Cup soccer, there was really only MLB and WNBA to bet on. Once the NFL season starts, action will get hot, especially since both the New York Giants and New York Jets play next door at MetLife Stadium.

DraftKings, which launched four years later than FanDuel, eventually grew bigger than FanDuel in both user base and revenue—but interestingly, it is FanDuel that looks more formidable for the moment, as part of a much larger international gambling player. Many industry onlookers now wonder if DraftKings, too, will sell, rather than go public.

Of course, the two companies still offer their core daily fantasy sports products, and the start of another NFL season is their biggest time for new user signups. Neither company is overtly walking away from DFS. “They’re going to say, okay, DFS is one product, and sports betting is going to be over here, that’s another product,” says Dustin Gouker, managing editor of Legal Sports Report. “Whether you buy that, and whether that’s a great thing to do, having two things that are arguably both skill-based gambling products… That’s what they’re going to sell, they’re going to say, sports betting is over here, DFS is over there.”